Capital Investment Advisors LLC Grows Position in American Homes 4 Rent $AMH

Capital Investment Advisors LLC raised its stake in shares of American Homes 4 Rent (NYSE:AMH) by 6.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 296,303 shares of the real estate investment trust’s stock after acquiring an additional 19,102 shares during the period. Capital Investment Advisors LLC’s holdings in American Homes 4 Rent were worth $9,511,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of American Homes 4 Rent in the 2nd quarter worth approximately $796,706,000. Lasalle Investment Management Securities LLC boosted its position in American Homes 4 Rent by 76.1% in the third quarter. Lasalle Investment Management Securities LLC now owns 2,888,809 shares of the real estate investment trust’s stock worth $96,053,000 after purchasing an additional 1,248,131 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC grew its stake in American Homes 4 Rent by 102.9% in the 3rd quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,372,586 shares of the real estate investment trust’s stock valued at $78,888,000 after purchasing an additional 1,203,093 shares during the period. Centersquare Investment Management LLC grew its stake in American Homes 4 Rent by 25.9% in the 3rd quarter. Centersquare Investment Management LLC now owns 5,271,280 shares of the real estate investment trust’s stock valued at $175,270,000 after purchasing an additional 1,082,972 shares during the period. Finally, First Trust Advisors LP increased its position in shares of American Homes 4 Rent by 2,035.9% during the 2nd quarter. First Trust Advisors LP now owns 1,129,609 shares of the real estate investment trust’s stock valued at $40,745,000 after purchasing an additional 1,076,722 shares during the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on AMH. BMO Capital Markets reiterated a “market perform” rating and set a $37.00 target price on shares of American Homes 4 Rent in a research note on Friday, January 9th. Keefe, Bruyette & Woods reduced their price target on shares of American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. JPMorgan Chase & Co. decreased their price objective on shares of American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, March 20th. Finally, UBS Group reduced their target price on shares of American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. Seven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, American Homes 4 Rent presently has an average rating of “Hold” and a consensus target price of $35.21.

Insider Activity

In other American Homes 4 Rent news, Director Douglas N. Benham bought 1,571 shares of American Homes 4 Rent stock in a transaction dated Wednesday, February 25th. The stock was purchased at an average price of $24.00 per share, for a total transaction of $37,704.00. Following the completion of the purchase, the director directly owned 43,517 shares of the company’s stock, valued at approximately $1,044,408. This trade represents a 3.75% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David Goldberg purchased 2,000 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was acquired at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the transaction, the director owned 36,723 shares of the company’s stock, valued at approximately $1,075,983.90. This trade represents a 5.76% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 6,771 shares of company stock valued at $183,684 in the last quarter. Corporate insiders own 6.32% of the company’s stock.

American Homes 4 Rent Stock Down 1.6%

Shares of NYSE AMH opened at $27.46 on Friday. American Homes 4 Rent has a one year low of $27.22 and a one year high of $39.49. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63. The business’s fifty day moving average price is $30.11 and its 200-day moving average price is $31.49. The stock has a market capitalization of $9.99 billion, a PE ratio of 23.27, a P/E/G ratio of 4.02 and a beta of 0.80.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.14). American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The firm had revenue of $402.93 million for the quarter, compared to the consensus estimate of $459.24 million. During the same quarter in the previous year, the company posted $0.45 EPS. The firm’s revenue was up 4.2% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, equities research analysts anticipate that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a dividend of $0.33 per share. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Friday, March 13th. American Homes 4 Rent’s dividend payout ratio (DPR) is 111.86%.

About American Homes 4 Rent

American Homes 4 Rent (NYSE: AMH) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today’s renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.